Thanos et al-Sorting and aviation noise.pdf (676.08 kB)
Download fileResidential sorting and environmental externalities: the case of nonlinearities and stigma in aviation noise values
journal contribution
posted on 2015-02-04, 11:35 authored by Sotirios Thanos, Abigail Bristow, Mark WardmanThis paper explores the sorting process in response to differing levels of aviation noise exposure in a housing market. Spatiotemporal hedonic pricing (HP) and stated choice (SC) results reflect nonlinearities and stigma. The HP models reveal nonlinear noise depreciation increasing from 0.40 to 2.38 percent per decibel as noise increases, while the SC noise values are lower in an area with high long-term noise exposure. These nonlinearities are attributed to the spatial sorting of noise tolerant individuals. HP results from the same “noisy“ area show a “stigma“ from noise during the first year after the complete removal of aviation noise.
Funding
We would like to thank EUROCONTROL Experimental Centre for funding this research.
History
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- Architecture, Building and Civil Engineering